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Thursday, April 21, 2011

Apple Inc (AAPL) Stock Analysis 4/21/11

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for April 21, 2011

Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 4/21/11

Resistance Levels: $360, $365

Support Levels: $350, $346

http://stockcharts.com - Chart

Apple Inc. (AAPL) dropped $9 from the pre market highs but is still up nicely today. AAPL will now have resistance between $360-$365 from here on out. Apple Inc. (AAPL) sold 18.6 million iPhone's last quarter which is just stunning. AAPL should see $425 by the end of 2011 and potentially $500 at some point in 2012 based on earnings. AAPL is a strong buy below $330 if we see another correction.

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